Xinjiang Youhao(Group) Co.,Ltd.’s Net Profit Dropped 69.9% in First Quarter of 2022

Xinjiang Youhao(Group) Co.,Ltd. (新疆友好(集团)股份有限公司) (600778.SH) reported a net profit of 13.5 million yuan in the first quarter of 2022, down 69.9% year-on-year.

Meanwhile, the company posted 564.1 million yuan in revenue, down 5.3% year-on-year.

At the end of the reporting period, it had 4.7 billion yuan in total assets and 4.1 billion yuan in total liabilities, with a liability-to-asset ratio of 87.7%.